Florida businesses utilizing the Subchapter V bankruptcy option face uncertainty as the $7.5 million debt limit to qualify may decrease to $3 million without Congressional action. The state leads in participants for this bankruptcy alternative.
It’s about to get harder for small businesses to declare bankruptcy. @melissajourno https://t.co/HgTR5v2aCf
U.S. bankruptcy courts are likely to see a spike in small business filings under Subchapter V of Chapter 11 this week, in the days before the current $7.5 million debt limit to qualify falls back to about $3 million on Friday without action from Congress. https://t.co/jaMbHAaG5Y https://t.co/a1P51d3ZWu
Important read for every small business (yes you startups are small businesses as well) in Florida @VinodSreeharsha @MiamiHerald as things in the economy continue to tighten… https://t.co/UXIOwIgNip
"Why small businesses in Florida could lose a financial lifeline. See what’s at stake" @MiamiHerald on the Subchapter V bankruptcy option and how Florida leads the country in participants: https://t.co/scltc7bB0U
Restaurant chain faces new risk to Chapter 11 bankruptcy survival https://t.co/paj5756UED
Bankruptcy alternative that helps Florida business may end | Miami Herald https://t.co/mZ3etqjacc